Exodus will launch a USD stablecoin backed by MoonPay.

Crypto wallet provider Exodus (EXOD) has partnered with fintech company MoonPay to launch a fully backed, USD-backed stablecoin, officially entering the stablecoin market. MoonPay will issue and manage the stablecoin with the support of stablecoin infrastructure provider M0. The token is expected to launch in January 2026, with network and product details to be announced later.